Prominent crypto trader Unipcs has argued that Solana SOL/USD flipping Ethereum ETH/USD this cycle is a real possibility, citing metrics and momentum as reasons for his thesis.
What Happened: Unipcs contends that Solana has outperformed Ethereum in transaction volume and on-chain activity, positioning itself as a leader in blockchain adoption.
It is rapidly becoming a hub for meme coin launches, with daily revenue and market activity starting to outpace Ethereum.
As the largest U.S.-originated blockchain, Solana is well-positioned to benefit from pro-crypto regulations expected under the new administration.
Unipcs estimates a 50% chance of Solana flipping Ethereum during this cycle, particularly as retail activity and institutional interest grow.
With the bull market yet to peak and retail influx expected to amplify Solana's metrics, a major rally for SOL could rival XRP’s recent impressive run.
Also Read: Solana Is A Stronger Investment Than Bitcoin, Ethereum, Crypto Asset Management Firm States
Why It Matters: Unipcs explained in a post on X on Friday that the best way to capitalize on Solana's growth is through Bonk BONK/USD, its leading and recognized meme coin.
Bonk, already listed on major platforms like Coinbase, Binance and Robinhood, is gaining traction through ecosystem products, staking incentives and token burns.
When compared to Ethereum's leading meme coins like Shiba Inu SHIB/USD and Pepe PEPE/USD, Bonk is significantly undervalued, according to Unipcs.
SHIB with a $14.3 billion valuation is 6x larger, PEPE with $8.4 billion in market capitalization is 3.5x larger.
Considering Solana's dominance this cycle, BONK is positioned as its best high beta meme coin play, the trader posited.
Read Next:
- Dogecoin, Shiba Inu Advance But Fartcoin, Pudgy Penguins Lead Memecoin Rally With Double-Digit Gains
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